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dandapinda
8th January 2016, 20:19
WASHINGTON: Pakistan stands to benefit from three tailwinds over the near- to medium-term, with average growth projected at 5.5 per cent over the forecast period, said the World Bank’s Global Economic Prospects report for 2016.

The report identified the ‘tailwinds’ as rising investments from China under the China-Pakistan Economic Corridor (CPEC); the anticipated return of Iran to the international economic community; and persistently low international oil prices.

The report also pointed out that macroeconomic adjustment in Pakistan under an International Monetary Fund programme is progressing, while efforts to crackdown on violent crime in Karachi, the country’s industrial and commercial hub, are supporting investor confidence.


he report, which described South Asia as a “bright spot” in next year’s global economic prospects, noted that both India and Pakistan have been on a path of fiscal consolidation over the past three years, and fiscal restraint is curbing demand-side pressures. Lower inflation has enabled central banks in India and Pakistan to cut policy rates to support activity.

http://www.dawn.com/news/1231423/tailwinds-pushing-pakistans-growth-wb

Syed1
8th January 2016, 20:22
Need sustained economic growth of 7-8% for a decade to make any dent in the living standards of the vast numbers of poor and hungry

Relapse
8th January 2016, 20:49
Mera Pakistan Mahaan.

street cricketer
8th January 2016, 20:54
Mera Pakistan Mahaan.

Don't copy our tag line. Or we will start using Dil Dil Bharat.

Relapse
8th January 2016, 20:56
Don't copy our tag line. Or we will start using Dil Dil Bharat.

Dil Dil Bharat is not as catchy though.

Syed1
8th January 2016, 20:57
Don't copy our tag line. Or we will start using Dil Dil Bharat.

No you guys can say Hindustan Zindabad and we will counter by saying Jai Pak :D

GoUgandaCranes
8th January 2016, 21:23
No you guys can say Hindustan Zindabad and we will counter by saying Jai Pak :D

Yes, that makes much more sense.

Mera Pakistan Mahaan, Jai Pakistan ...

All of this rhymes :)))

street cricketer
8th January 2016, 21:28
I just saw the world bank gdp forecast in their website and it is mentioned that Pakistan's real gdp grew at 6 during the 2015 fiscal year while it is forecasted to drop to 3.7 for the 2016 fiscal year. And it's mentioned here that it will grow at 5.5%.

Which one is true, and if the former is correct, what is the reason for the sudden drop in forecast?

Syed1
8th January 2016, 21:30
I just saw the world bank gdp forecast in their website and it is mentioned that Pakistan's real gdp grew at 6 during the 2015 fiscal year while it is forecasted to drop to 3.7 for the 2016 fiscal year. And it's mentioned here that it will grow at 5.5%.

Which one is true, and if the former is correct, what is the reason for the sudden drop in forecast?

No way in hell we grew at 6% in the ongoing year.. The forecast of 5.5% for next fiscal year seems to be good though

street cricketer
8th January 2016, 21:37
No way in hell we grew at 6% in the ongoing year.. The forecast of 5.5% for next fiscal year seems to be good though

It is mentioned so in this link.

http://www.worldbank.org/en/publication/global-economic-prospects/summary-table

I'm not an expert in economics, so correct me if I'm wrong.

Eagle_Eye
8th January 2016, 22:15
Dil Dil Bharat is not as catchy though.

Bollywood way ahead of you ... from the 80s :)

<iframe width="854" height="480" src="https://www.youtube.com/embed/aMjlF7Cf2lk" frameborder="0" allowfullscreen></iframe>

Relapse
8th January 2016, 22:23
Bollywood way ahead of you ... from the 80s :)

<iframe width="854" height="480" src="https://www.youtube.com/embed/aMjlF7Cf2lk" frameborder="0" allowfullscreen></iframe>

Gaye tujay yeh asma gaye tujay yeh mera dil dil dil hindustan...lololol. Funny. Not the first time indian music industry has copied pakistan tho. ;)

Relapse
8th January 2016, 22:25
Still makes me emotional:


https://www.youtube.com/watch?v=GP3BVMw2X14

Syed1
8th January 2016, 22:29
Still makes me emotional:



My dream is to be witnessing a WC final in Delhi/Mumbai and singing that song in chorus with a sea of green..


I hope that dream comes true someday..

battler
8th January 2016, 22:46
My dream is to be witnessing a WC final in Delhi/Mumbai and singing that song in chorus with a sea of green..


I hope that dream comes true someday..

In Mumbai you will form a sea of green? Shiv Sainiks would rather die than see that happen.
I can't imagine their reaction :P